What to Do If You Start Saving Late For Retirement

According to a 2009 study by the Center for Retirement Research at Boston College, 51% of early boomer households face a retirement with lower living standards. Most experts attribute this phenomenon to a failure to save properly. While it’s true that most of us could do better on the saving front, that horse has left the barn so to speak. Here’s what to do when you realize your savings/investments cannot properly support your own fast-approaching retirement.